Certain Balance Sheet Items (Tables)
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9 Months Ended |
Sep. 30, 2020 |
Balance Sheet Related Disclosures [Abstract] |
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Schedule of accounts receivable |
Accounts receivable, net consisted of the following (in thousands): | | | | | | | | | | | | September 30, 2020 | | December 31, 2019 | Accounts receivable from product sales to collaborators | | $ | 3,198 |
| | $ | 35,649 |
| Accounts receivable from revenues under collaborative agreements | | 476 |
| | 3,850 |
| Accounts receivable from royalty payments | | 24,067 |
| | 17,149 |
| Accounts receivable from other product sales | | 4,052 |
| | 3,591 |
| Other contract assets | | 32,000 |
| | — |
| Subtotal | | 63,793 |
| | 60,239 |
| Allowance for distribution fees and discounts | | (1,242 | ) | | (797 | ) | Total accounts receivable, net | | $ | 62,551 |
| | $ | 59,442 |
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Schedule of inventories |
Inventories consisted of the following (in thousands): | | | | | | | | | | | | September 30, 2020 | | December 31, 2019 | Raw materials | | $ | 5,473 |
| | $ | 2,769 |
| Work-in-process | | 20,953 |
| | 15,710 |
| Finished goods | | 31,271 |
| | 10,880 |
| Total inventories | | $ | 57,697 |
| | $ | 29,359 |
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Schedule of prepaid expenses and other assets |
Prepaid expenses and other assets consisted of the following (in thousands): | | | | | | | | | | | | September 30, 2020 | | December 31, 2019 | Prepaid manufacturing expenses | | $ | 37,606 |
| | $ | 30,156 |
| Prepaid research and development expenses | | 550 |
| | 4,964 |
| Other prepaid expenses | | 3,223 |
| | 3,655 |
| Other assets | | 4,944 |
| | 5,681 |
| Total prepaid expenses and other assets | | 46,323 |
| | 44,456 |
| Less long-term portion | | 14,382 |
| | 11,083 |
| Total prepaid expenses and other assets, current | | $ | 31,941 |
| | $ | 33,373 |
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Schedule of property and equipment, net |
Property and equipment, net consisted of the following (in thousands): | | | | | | | | | | | | September 30, 2020 | | December 31, 2019 | Research equipment | | $ | 7,465 |
| | $ | 7,403 |
| Manufacturing equipment | | 4,414 |
| | 3,858 |
| Computer and office equipment | | 4,856 |
| | 4,859 |
| Leasehold improvements | | 1,628 |
| | 1,628 |
| Subtotal | | 18,363 |
| | 17,748 |
| Accumulated depreciation and amortization | | (11,786 | ) | | (10,742 | ) | Subtotal | | 6,577 |
| | 7,006 |
| Right of use assets | | 3,675 |
| | 3,849 |
| Property and equipment, net | | $ | 10,252 |
| | $ | 10,855 |
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Schedule of accrued expenses |
Accrued expenses consisted of the following (in thousands): | | | | | | | | | | | | September 30, 2020 | | December 31, 2019 | Accrued outsourced research and development expenses | | $ | 918 |
| | $ | 8,423 |
| Accrued compensation and payroll taxes | | 7,372 |
| | 27,888 |
| Accrued outsourced manufacturing expenses | | 6,946 |
| | 9,173 |
| Other accrued expenses | | 8,765 |
| | 7,876 |
| Lease liability | | 5,523 |
| | 6,469 |
| Total accrued expenses | | 29,524 |
| | 59,829 |
| Less long-term portion | | 3,729 |
| | 4,180 |
| Total accrued expenses, current | | $ | 25,795 |
| | $ | 55,649 |
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Schedule of deferred revenue |
Deferred revenue consisted of the following (in thousands): | | | | | | | | | | | | September 30, 2020 | | December 31, 2019 | Collaborative agreements | | | | | License fees and event-based payments | | $ | — |
| | $ | 2,764 |
| Product sales | | 1,389 |
| | 2,495 |
| Total deferred revenue | | 1,389 |
| | 5,259 |
| Less current portion | | 748 |
| | 4,012 |
| Deferred revenue, net of current portion | | $ | 641 |
| | $ | 1,247 |
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